The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! | |
condor819 (OP) User ID: 76605426 United States 04/04/2019 08:07 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! Things I've noticed in Southern CA. Quoting: Joe in JT 75049243 Price of reg unleaded up to $3.50 per gal. Price of chicken up .20 cents per pound. It was .99cents and now it's $1.29....that's a 20% increase. Playing major games with total weight of products like dog food, chips, ice cream, TV dinners. They increase the price and then deduct 10 to 25 percent of the food inside. Pay more and get less. They are getting very sneaky with property tax increases for home owners. Real crooked sleazy shit. No need to explain it ...but it's true. That's funny you should say that! They just did that with the type of dog food I buy. They kept the price and size of the bag the same but lowered the amount of food in it. We are ALL Boiling frogs at this point! |
WHATTHEFCK User ID: 77222624 Canada 04/04/2019 08:08 PM Report Abusive Post Report Copyright Violation | |
condor819 (OP) User ID: 76605426 United States 04/04/2019 08:10 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! It's Kinda weird for sure. It's like a tale of two cities..I know business guys saying the same thing...things are great...but then another article today said that JC Penny, Payless shoes and Lifeway (Whatever that is...) are getting ready to close another 3000 stores....Stay tuned I guess... Payless sucks that's why. They are going out because their business model is no longer valid. People buying $20 shoes are doing so at walmart. And of story. I was not implying that Payless shoes was any type of leading economic indicator just that they are part of what seems to be a big slowdown... |
anonymous User ID: 9957097 United States 04/04/2019 08:17 PM Report Abusive Post Report Copyright Violation | |
roadrunnerray User ID: 77297726 United States 04/04/2019 08:17 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! All one has to do, that is not in a constant state of euphoria, is look at the Baltic Dry Index. Quoting: anonymous 9957097 It has been much lower a couple of years ago. Somehow we managed to get through. The retail inventory buildup is another sign. These things don't happen at the bottom of cycles..... |
Big Duke6 User ID: 77294933 Canada 04/04/2019 08:18 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] [link to www.cnbc.com (secure)] The US bond yield curve has inverted. Here’s what it means Published Mon, Mar 25 2019 • 10:19 AM EDT Key Points Last week, the yield on the U.S. 10-year Treasury note dipped below the yield on the 3-month paper. The yield curve — which plots bond yields from shortest maturity to highest and is considered a barometer of economic sentiment — inverted on Friday for the first time since mid-2007. More at link That folks is all you have to know |
Anonymous Coward User ID: 77525591 Canada 04/04/2019 08:21 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! Bbbbut what about Trump's economic miracle he is always bragging about. I guess tax cuts and cutting regulations only go so far when most of America's industrial base has long left the country and many people are not earning enough to appreciate a tax cut anyways. Plus the millions of cheap illegal labor poring across the border driving down wages, increasing competition for housing and burdening the welfare system thus driving up local taxes. Gee and people wonder why the economy is doing so shitty despite Trump's best efforts to breathe life back into the economy and talk up confidence. |
Anonymous Coward User ID: 77419943 United States 04/04/2019 08:22 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] [link to www.cnbc.com (secure)] The US bond yield curve has inverted. Here’s what it means Published Mon, Mar 25 2019 • 10:19 AM EDT Key Points Last week, the yield on the U.S. 10-year Treasury note dipped below the yield on the 3-month paper. The yield curve — which plots bond yields from shortest maturity to highest and is considered a barometer of economic sentiment — inverted on Friday for the first time since mid-2007. More at link That folks is all you have to know Yeah. The inversion is considered a leading indicator. Pretty sure there were other inversions beyond just the 3m/10y |
Maddrummerboy User ID: 37956481 United States 04/04/2019 08:22 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! So your saying all (14) of the talking points in the article are fake news? Seems I have seen most of those statistics reported on in other places in the past few weeks...(FOX Business, WSJ, etc.). Let me know where I can find the economic data to dispute these points. Thx. Jake believes that Trump is the almighty and that he saved the US from impending collapse. All he has done is kicked the can down the road. No one can fix what's coming |
Big Duke6 User ID: 77294933 Canada 04/04/2019 08:23 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! Things I've noticed in Southern CA. Quoting: Joe in JT 75049243 Price of reg unleaded up to $3.50 per gal. Price of chicken up .20 cents per pound. It was .99cents and now it's $1.29....that's a 20% increase. Playing major games with total weight of products like dog food, chips, ice cream, TV dinners. They increase the price and then deduct 10 to 25 percent of the food inside. Pay more and get less. They are getting very sneaky with property tax increases for home owners. Real crooked sleazy shit. No need to explain it ...but it's true. That's funny you should say that! They just did that with the type of dog food I buy. They kept the price and size of the bag the same but lowered the amount of food in it. We are ALL Boiling frogs at this point! Food producers have been in cahoots with statisticians for 5 years now. There's a game of introducing new product sizing where Yr/Yr the inflation is hidden in the old size to new. The statitician brainiacs ignore it because they just look at price comparisons like for like across the product sizes in year when the same sizes are there to compare. 2% inflation is patent horse shite Last Edited by Big Duke6 on 04/04/2019 08:40 PM |
roadrunnerray User ID: 77297726 United States 04/04/2019 08:27 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! Things I've noticed in Southern CA. Quoting: Joe in JT 75049243 Price of reg unleaded up to $3.50 per gal. Price of chicken up .20 cents per pound. It was .99cents and now it's $1.29....that's a 20% increase. Playing major games with total weight of products like dog food, chips, ice cream, TV dinners. They increase the price and then deduct 10 to 25 percent of the food inside. Pay more and get less. They are getting very sneaky with property tax increases for home owners. Real crooked sleazy shit. No need to explain it ...but it's true. That's funny you should say that! They just did that with the type of dog food I buy. They kept the price and size of the bag the same but lowered the amount of food in it. We are ALL Boiling frogs at this point! Food producers have been in cahoots with statiticians for 5 years now. There's a game of introducing new product sizing where Yr/Yr the inflation shows in rhe old size to new. The statitician brainiacs ignore it because they just look at price comparisons like for like across the product sizes. All of the stats coming out of the Bureau of Labor Statistics have been massaged for decades. |
Anonymous Coward User ID: 76869839 United States 04/04/2019 08:28 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76496341 United States 04/04/2019 08:29 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] Good economy was a fake news. It was a better economy than in 2008 but not great, just calling it glass is half full instead half empty. Cyclical up. |
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Anonymous Coward User ID: 73738911 United States 04/04/2019 08:36 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! Bbbbut what about Trump's economic miracle he is always bragging about. I guess tax cuts and cutting regulations only go so far when most of America's industrial base has long left the country and many people are not earning enough to appreciate a tax cut anyways. Plus the millions of cheap illegal labor poring across the border driving down wages, increasing competition for housing and burdening the welfare system thus driving up local taxes. Gee and people wonder why the economy is doing so shitty despite Trump's best efforts to breathe life back into the economy and talk up confidence. Quoting: 2hot2handle If it weren't for the federal reserve and it's money printing press the economy would have already tanked. They'll just dump another trillion into the economy on the back of the American taxpayer. Trump will raise the debt ceiling to a magnificent beautiful infinity guaranteeing the taxpayers eternal servitude to debt. |
Big Duke6 User ID: 77294933 Canada 04/04/2019 08:43 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! If it weren't for the federal reserve and it's money printing press the economy would have already tanked. They'll just dump another trillion into the economy on the back of the American taxpayer. Trump will raise the debt ceiling to a magnificent beautiful infinity guaranteeing the taxpayers eternal servitude to debt. Quoting: Anonymous Coward 73738911 Confuscious say economic savior who bankrupts casino aint saving shit. |
Anonymous Coward User ID: 15836185 United Kingdom 04/04/2019 08:45 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] It will be another nothing burger |
condor819 (OP) User ID: 76605426 United States 04/04/2019 08:51 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] [link to www.cnbc.com (secure)] The US bond yield curve has inverted. Here’s what it means Published Mon, Mar 25 2019 • 10:19 AM EDT Key Points Last week, the yield on the U.S. 10-year Treasury note dipped below the yield on the 3-month paper. The yield curve — which plots bond yields from shortest maturity to highest and is considered a barometer of economic sentiment — inverted on Friday for the first time since mid-2007. More at link That folks is all you have to know |
Anonymous Coward User ID: 69987138 United States 04/04/2019 08:54 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! Global derivatives are around 700 trillion and eclipse the combined GDP's of the world. Quoting: anonymous 9957097 Double that then add 200 billion to it. Actually, no one really knows, they threw real accounting out the window when they finally made Derivative holders the first paid in any collapse. Illegal is such a relative term when applied to these persons. They don't mind have 40 million when everyone else is broke and standing humbly in their line eating their food charity. Yes Boss man |
condor819 (OP) User ID: 76605426 United States 04/04/2019 08:56 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! OP, if Hillary was in office, and the data was The SAME, 100% of GLP would be behind you and this thread would have 5 stars. They see the lipstick on the pig and call it beautiful. True...but I don't blame President Trump...I think had Hillary won the collapse would have already happened...I think Trump has been able to delay it and as I said in my original post hope that he has a plan for a currency reset of some kind. Nobody can fix 700 Trillion dollars of debt. Last Edited by condor819 on 04/04/2019 08:57 PM |
Anonymous Coward User ID: 53651439 United States 04/04/2019 09:00 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] Go Trump! The real reason the elite government officials like Obama and Hillary can't face justice is because they are protected by the national security act. Because it could disrupt society and harm the economy, and world economy. The corrupt are hiding behind the laws they paid to create. In order to actually clean house it would require an economic collapse and rebirth. Under Trump we could see a new industrial revolution. Justice can be served. |
Anonymous Coward User ID: 68838946 Australia 04/04/2019 09:01 PM Report Abusive Post Report Copyright Violation | |
silvervega User ID: 73521360 United States 04/04/2019 09:04 PM Report Abusive Post Report Copyright Violation | |
condor819 (OP) User ID: 76605426 United States 04/04/2019 09:08 PM Report Abusive Post Report Copyright Violation | |
saved User ID: 77494926 United States 04/04/2019 09:10 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] 5 Stars OP! I dont worry much about the economy or the money or the gold. Not right now any how. Until arrest are made and people face military tribunals no one will experience any amount of success. And it would be short lived at best! There can be no change without first a reckoning. Things have gone way over the top and way beyond criminally insane unfortunately. If we refuse to remove these from among us we will all be punished, this isnt a game. Come And Take It! |
Shetland Pony Dog User ID: 77353092 United States 04/04/2019 09:12 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! So your saying all (14) of the talking points in the article are fake news? Seems I have seen most of those statistics reported on in other places in the past few weeks...(FOX Business, WSJ, etc.). Let me know where I can find the economic data to dispute these points. Thx. The author of that piece has been screaming the sky is fucking falling for 10 years.He cherry picks his stats.I don't dispute or agree with this tho.Something is up and not just economic.There are about 200 million more people in this country than we can support.The infrastructure is failing,the education system is a joke.The healthcare system is nothing but a scam.Half the doctors want to quit.Society is on the verge of collapse ,we do have lots of food and entertainment tho.Bread and circuses.Enjoy what you have while you still can. Look at the cawk on that dawg Education is a process,not a result |
silvervega User ID: 73521360 United States 04/04/2019 09:13 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] Good economy was a fake news. It was a better economy than in 2008 but not great, just calling it glass is half full instead half empty. Cyclical up. Heres a they that said hey fuck off horse shit and may your momma's bloody crotch be pounded uo your daddy's nose On the other hand, I have different fingers. |
The Gullible Skeptic User ID: 76497926 United States 04/04/2019 09:15 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! [link to www.usdebtclock.org] I look at the national debt clock from time to time. Just watching how far we climb in this Fiat inflated world thinking how hard that fall will be once the stick finally breaks. INTP/8w9 Ennegram "You can't teach anyone anything but they can choose to learn" -Me- "To exist is to destroy"-Me- "Specialization is for insects" -Robert Heinlein- Nine Noble Virtues: ODINISM: Truth,Courage,Honor,Fidelity,Discipline,Hospitality,Self Reliance, Industriousness, Perseverance |
Anonymous Coward User ID: 73848670 Canada 04/04/2019 09:20 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] Go Trump! The real reason the elite government officials like Obama and Hillary can't face justice is because they are protected by the national security act. Because it could disrupt society and harm the economy, and world economy. The corrupt are hiding behind the laws they paid to create. In order to actually clean house it would require an economic collapse and rebirth. Under Trump we could see a new industrial revolution. Justice can be served. I had a psychic vision that Trump will do something unprecidented with the economy. |
condor819 (OP) User ID: 76605426 United States 04/04/2019 09:22 PM Report Abusive Post Report Copyright Violation | Re: The Crash of Our Economy Has Accelerated....Update page 4...Sub-Zero Interest Rates are on the way! This has been building for years now...I suspect that the only way out is that if the rumors of President Trump working on some kind of financial reset are true we might have a chance...but what that would look like is uncertain and it is still likely many would be crushed... Quoting: condor819 [link to www.zerohedge.com (secure)] 5 Stars OP! I dont worry much about the economy or the money or the gold. Not right now any how. Until arrest are made and people face military tribunals no one will experience any amount of success. And it would be short lived at best! There can be no change without first a reckoning. Things have gone way over the top and way beyond criminally insane unfortunately. If we refuse to remove these from among us we will all be punished, this isnt a game. |